Stephen Smith, founding portfolio manager of the Legg Mason Brandywine Global Opportunities Bond fund and finalist for Morningstar’s 2014 Fixed-Income Fund Manager of the Year is known as a contrarian investor. In an exclusive interview on WEALTHTRACK, Smith takes on consensus views about oil prices, interest rates and global growth and shares where he and his team are finding opportunities in bonds and currencies.
RECENT PROGRAMS
YOCKEY: BULLISH GREAT INVESTOR
The bull market turned six years old earlier this month. How much of a concern is the market’s age and it’s more than 200% advance? In a rare interview, Artisan International and Global Funds’ Great Investor, Mark Yockey explains why he is still finding plenty of opportunities in the market and why the rising dollar is a financial game changer for many companies.
SYLLA & STEIGER: CORPORATE MORALITY
Public television is holding its final winter fundraising drive this week so we are revisiting corporate morality. How would you rate the condition of moral values in this country today? Last year’s Gallup poll answers were not atypical. Only 2% of Americans surveyed rated our moral values as excellent – 42% said they were poor – and 74% felt that values were getting worse, not better. How does this translate to the business world?
Financial historian Richard Sylla and award-winning financial editor Paul Steiger discuss corporate morality and how companies have become fixated on short-term stock prices to the exclusion of broader, long-term goals.
VOTAVA: MAXIMIZING MEDICARE
It is estimated that 95% of Americans receiving Medicare benefits pay too much for their coverage. How do you, or your loved ones avoid that fate? We asked Medicare consultant, Katy Votava to take us through the initial process of navigating the Medicare system and maximizing the benefits available.
EVEILLARD: SPEAKING OUT
Public television is holding its winter fund raising drives for the next few weeks so we are revisiting our annual exclusive outlook for the economy, business, policy and markets with Evercore ISI’s Chairman, Ed Hyman.
NEW THIS WEEK: Legendary value investor, Jean-Marie Eveillard has stepped down from active portfolio management at First Eagle Funds but he hasn’t withdrawn from critiquing central bankers and Wall Street.
POND: ACHIEVABLE RETIREMENT PLANNING
Despite widespread warnings to the contrary, veteran financial planner and investment advisor Jonathan Pond believes no matter what your age or circumstances you can take steps to get your financial house in order and achieve a comfortable retirement.
